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Much-discussed VAT increase off the table for the time being: cabinet is looking for an alternative

  • VAT Increase Proposal: Government seeks alternative to VAT increase on books, sports, and culture.
  • Coalition Agreement: PVV, VVD, NSC, BBB plan to raise VAT on sports, media, and accommodation by 2026.
  • Opposition Criticism: The proposed VAT hike faces significant opposition, reducing its chances in the Senate.
  • Government Reconsideration: Finance Minister Eelco Heinen cautiously positive about postponing the VAT increase.
  • Future Actions: Government to work with the House of Representatives to find an alternative, aiming for a decision by next spring.

Source nu.nl

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